XDGH.TO vs. FINN.NEO
XDGH.TO (iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged)) and FINN.NEO (Fidelity Global Innovators ETF) are both Global Equities funds. XDGH.TO is passively managed, while FINN.NEO is actively managed. Over the past 3 years, XDGH.TO returned 13.92%/yr vs 40.06%/yr for FINN.NEO. At a 0.18 correlation, their price movements are largely independent. XDGH.TO charges 0.22%/yr vs 1.09%/yr for FINN.NEO.
Performance
XDGH.TO vs. FINN.NEO - Performance Comparison
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Returns By Period
In the year-to-date period, XDGH.TO achieves a 12.35% return, which is significantly lower than FINN.NEO's 35.77% return.
XDGH.TO
- 1D
- 0.74%
- 1M
- 3.55%
- 6M
- 8.82%
- YTD
- 12.35%
- 1Y
- 20.95%
- 3Y*
- 13.92%
- 5Y*
- 9.41%
- 10Y*
- —
FINN.NEO
- 1D
- -1.71%
- 1M
- -3.34%
- 6M
- 28.06%
- YTD
- 35.77%
- 1Y
- 49.48%
- 3Y*
- 40.06%
- 5Y*
- —
- 10Y*
- —
XDGH.TO vs. FINN.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XDGH.TO iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged) | 12.35% | 14.60% | 10.49% | 6.38% |
FINN.NEO Fidelity Global Innovators ETF | 35.77% | 20.61% | 58.65% | 21.40% |
Correlation
The correlation between XDGH.TO and FINN.NEO is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since May 19, 2023 | 0.18 |
The correlation between XDGH.TO and FINN.NEO shifts across timeframes, from 0.06 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XDGH.TO vs. FINN.NEO — Risk / Return Rank
XDGH.TO
FINN.NEO
XDGH.TO vs. FINN.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged) (XDGH.TO) and Fidelity Global Innovators ETF (FINN.NEO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XDGH.TO | FINN.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.36 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.30 | 4.16 | -0.87 |
| Martin ratioReturn relative to average drawdown | 9.77 | 12.96 | -3.20 |
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Drawdowns
XDGH.TO vs. FINN.NEO - Drawdown Comparison
The maximum XDGH.TO drawdown since its inception was -34.91%, which is greater than FINN.NEO's maximum drawdown of -25.66%. Use the drawdown chart below to compare losses from any high point for XDGH.TO and FINN.NEO.
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Drawdown Indicators
| XDGH.TO | FINN.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.91% | -25.66% | -9.25% |
Max Drawdown (1Y)Largest decline over 1 year | -6.38% | -11.94% | +5.56% |
Max Drawdown (3Y)Largest decline over 3 years | -11.96% | -25.66% | +13.70% |
Max Drawdown (5Y)Largest decline over 5 years | -16.06% | — | — |
Current DrawdownCurrent decline from peak | -0.46% | -6.49% | +6.03% |
Average DrawdownAverage peak-to-trough decline | -4.62% | -3.98% | -0.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.15% | 3.83% | -1.68% |
Volatility
XDGH.TO vs. FINN.NEO - Volatility Comparison
The current volatility for iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged) (XDGH.TO) is 3.93%, while Fidelity Global Innovators ETF (FINN.NEO) has a volatility of 6.48%. This indicates that XDGH.TO experiences smaller price fluctuations and is considered to be less risky than FINN.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDGH.TO | FINN.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.93% | 6.48% | -2.55% |
Volatility (6M)Calculated over the trailing 6-month period | 7.53% | 20.24% | -12.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.87% | 24.76% | -14.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.46% | 22.40% | -7.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.36% | 22.40% | +0.96% |
XDGH.TO vs. FINN.NEO - Expense Ratio Comparison
XDGH.TO has a 0.22% expense ratio, which is lower than FINN.NEO's 1.09% expense ratio.
Dividends
XDGH.TO vs. FINN.NEO - Dividend Comparison
XDGH.TO's dividend yield for the trailing twelve months is around 2.70%, while FINN.NEO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FINN.NEO Fidelity Global Innovators ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XDGH.TO iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged) | 2.70% | 2.81% | 3.04% | 3.41% | 3.20% | 3.13% | 3.35% | 2.92% | 3.40% | 1.27% |
Frequently Asked Questions
XDGH.TO and FINN.NEO have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDGH.TO is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDGH.TO is cheaper with a 0.22% expense ratio, compared with 1.09% for FINN.NEO.
They also come from different issuers: iShares and Fidelity. Their fees differ too: 0.22% for XDGH.TO and 1.09% for FINN.NEO.
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